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by eerpini
2015 days ago
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I am not sure if DoorDash's IPO price is more than it should be, but value creation (which is "real" in my view) need not always result in immediate profits and the stock market tends to be forward looking in general. How exactly are Apple, Google, Tesla and for that matter even Uber vaporware companies ? Some of them might be overvalued (by a large margin), but they still have real value in this world. |
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